Settings8H · net · $10k
Funding arb · Price arb /

PONS

all PONS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0302%/8h= −33.1% APRpaid last 24h −0.054%
Price spread now: Aevo against KuCoin+0.063%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Aevo is 0.063% dearer against KuCoin than usual: you sell high and buy low (spread +0.063% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin PONSUSDTM0.61630.0534pay 0.0267% / 4h13m 01s$1.6M$4.0M20x
ShortAevo PONS-PERP0.61670.0232get 0.0029% / 1h13m 01s$3843x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$63.42
Price spread: +0.063% → 0.000%
$6.34
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$85.08
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 5 min ago; Aevo: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 5 min ago2.67 bp41.7 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

PONS on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) PONS/USDL +0.0032% / S −0.0029%1h0.6153−0.165%$234K150xas long as short
Popdex PONSUSDT+0.0096%1h0.6166+0.050%$22K$455K20xas long as short
Nado PONS-PERP+0.0100%1h0.6163+0.008%$72K$130K5xas long as short
ApeX Omni PONSUSDT+0.0100%1h0.6187+0.394%$31K$299K5xas long as short
Orderly PERP_PONS_USDC_mythos+0.0100%4h0.6172+0.151%$2K$4K10xas long as short
SunX PONS-USDT+0.0100%4h0.6160−0.041%$1.2M10xas long as short
SoDEX PONS-USD+0.0100%1h0.6164+0.011%$26K$639K3xas long as short
HTX PONS-USDT+0.0100%4h0.6163+0.003%$66K$536K20xas long as short
Phemex PONSUSDT+0.0100%4h0.6162−0.015%$1.7M$3.2M20xas long as short
Aevo PONS-PERPshort+0.0232%1h0.6167+0.063%$3843x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX PONS-USDT-SWAP+0.0412%4h0.6161−0.031%$14.0M$60.7M20xas long as short
Gate PONS_USDT+0.0454%4h0.6160−0.047%$5.5M$6.6M20xas long as short
Aster PONSUSDT+0.0484%4h0.6161−0.031%$1.1M$2.4M20xas long as short
Variational Omni PONS+0.0505%4h0.6176+0.213%$1.5M$4.2Mas long as short
Lighter PONS+0.0528%1h0.6166+0.052%$1.7M$858K3xas long as short
KuCoin PONSUSDTMlong+0.0534%4h0.6163long leg$1.6M$4.0M20x
Lighter RH PONS+0.0552%1h0.6165+0.026%$416K$2.7M3xas long as short
Pacifica PONS+0.0572%1h0.6159−0.063%$46K$77K3xas long as short
Hyperliquid PONS+0.0603%1h0.6163+0.002%$62.8M$30.5M3xas long as short
Binance PONSUSDT+0.0605%4h0.6166+0.050%$40.0M$105.2M20xas long as short
MEXC PONS_USDT+0.0606%4h0.6166+0.050%$7.8M$4.8M20xas long as short
edgeX PONSUSDC+0.0608%4h0.6187+0.389%$20K$292K10xas long as short
Extended PONS-USD+0.0608%1h0.6161−0.034%$103K$827K5xas long as short
BingX PONS-USDT+0.0666%4h0.6167+0.067%$3.2Mas long as short
Bybit PONSUSDT+0.0680%4h0.6163+0.002%$18.4M$33.0M20xas long as short
Bitget PONSUSDT+0.0702%4h0.6168+0.078%$4.9M$13.0M20xas long as short
BloFin PONS-USDT+0.0845%4h0.6159−0.063%$1.8M$1.1M20xas long as short
Polymarket Perps PONS-USD+0.1017%1h0.6165+0.039%$73K$2.3M3xas long as short
Injective PONS/USDC PERP+0.1069%1h0.5938−3.641%$610$10K5.5xas long as short
Phoenix PONS+0.1405%1h0.6159−0.068%$47K$127K3xas long as short